Letshego Africa Group CEO Aupa Monyatsi Resigns, Marks End of a Transformative Era. Letshego Africa Holdings Limited, a leading pan-African inclusive finance group, has announced the resignation of its Group Chief Executive Officer, Aupa Monyatsi. The news was shared via the Botswana Stock Exchange, highlighting that Monyatsi has decided to pursue external career opportunities aligned with national interests.
Monyatsi, the first Motswana to serve as Letshego’s Group CEO, will complete his tenure on April 14, 2025, after a three-month notice period. His leadership has been instrumental in steering the group through a transformative phase, marked by significant achievements and innovations.
Driving Transformation Through the ‘6-2-5 Strategic Roadmap’
Since his appointment, Monyatsi has been at the helm of Letshego’s five-year transformation plan, known as the ‘6-2-5 Strategic Roadmap.’ This initiative aimed to digitize and automate platforms, products, and systems to enhance operational efficiencies, customer delivery, and long-term sustainability.
Under his guidance, Letshego launched a suite of impactful financial products, including micro insurance, affordable housing solutions, instant loans, and savings accounts. These innovations, accessible through the company’s multi-channeled Digital Mall, have broadened financial access for underserved individuals and small businesses across the continent.
Green Financing and Regional Milestones
Monyatsi also championed green-friendly financing solutions, introducing products like electric commuter motorbikes in Ghana and solar generators in Nigeria. These ventures not only supported environmental sustainability but also addressed pressing community needs.
Regionally, his leadership facilitated the amalgamation of Letshego’s two entities in Tanzania into a single, more efficient operation—Letshego Tanzania Bank Limited. The group’s subsidiaries have earned accolades under Monyatsi’s tenure, including awards for supporting women-owned businesses in Nigeria, advancing digital banking in Uganda, and delivering top inclusive finance products in Ghana.
In Botswana, Monyatsi supported strategic initiatives such as an economic development alliance with Morupule Coal Mine, which provides small businesses with access to capital for tenders. Collaborations with mobile network operators Mascom and BTC further enhanced financial service accessibility for local communities.
Reflections and Succession Planning
Reflecting on his tenure, Monyatsi stated, “It has been an honor and privilege to be part of Letshego Africa’s dynamic transformation towards a digitally-savvy future. I wish Letshego’s leadership and all employees every success going forward.”
Deputy Chairman Chris Mokgware expressed gratitude for Monyatsi’s contributions, saying, “We thank Mr. Monyatsi for his leadership, commitment, and dedication. The Board has initiated the process to identify a suitable successor and will keep stakeholders updated.”
Monyatsi’s leadership has left an indelible mark on Letshego Africa, setting a foundation for continued growth and innovation. As the group looks to the future, it remains committed to its mission of driving inclusive finance across the continent.
